WAO ART #258

Microsoft has announced a $3.2B investment in Australia to enhance its AI capabilities. The investment will be spread over two years and will focus on improving AI capabilities and strengthening Australia's computing capacity. Microsoft plans to add nine new data centers in Canberra, Melbourne, and Sydney.

Over 10,000 investors in Harare and Chitungwiza have lost money after a Bitcoin investment scheme turned out to be a scam. The scheme, run by Phineas Chakanyuka, promised investors profits of 35% every two weeks. However, investigations revealed that investors can earn Bitcoins for free through various methods.

The upcoming US Federal Reserve meeting and Jerome Powell's speech could have an impact on Bitcoin's price. While some experts predict sideways movement, others anticipate a potential decline. The migration of large Bitcoin holders to major exchanges coincided with a surge in price.

The Bank of Spain has expressed its support for a digital version of the euro, stating that it could enhance electronic payments across the European Union. The bank's General Director of Operation, Juan Ayuso, highlighted the potential benefits of the digital euro, including improved payment systems.

Punjab Commerce Minister SM Tanveer has invited Chinese companies to invest in the Special Economic Zones (SEZs) of Punjab. He highlighted China's status as a long-standing friend of Pakistan and emphasized the completion of the first phase of the China Pakistan Economic Corridor (CPEC).

Asset fund manager VanEck predicts that Solana could reach $3,200 by 2030, citing its fundamentally different approach and potential to capture a significant market share from ETH. VanEck believes that Solana's focus on hyper-efficiency and high transaction throughput will contribute to its dominance in the future.

El Salvador has the potential to become the "Singapore of the Americas" and a financial center in the region, according to Gabor Gurbacs, strategy adviser of investment management firm VanEck. He believes that new capital investment and immigration will drive the country's economic growth.